Power Conversion Sdn Bhd was incorporated Malaysia in 2016. In March 2017, Power conversion had technical collaboration with Microvast Power System Company Limited, subsidiary company of Micovast Inc. from USA, who is the leader in development and manufacturing of Ultra Fast Charging battery for Electric Vehicle (EV) and became exclusive distributor for ASEAN market.2 main investors for Microvast are IFC (World Bank) and Ashmore. Currently operated at 3 manufacturing facilities in China.

This high performance battery has proven record where it has been use by Higher and london bus. It can use up to 20,000 charging cycle.Beside battery, Power conversion also act as distribution arm for Electric Vehicle such as bus, truck, taxi, motorcycle and bicycle.